Executive-Accounts.Finance-S&D(Oman)01 – IFFCO

Job title: Executive-Accounts.Finance-S&D(Oman)01 – IFFCO

Company: Talent Pal


Job description: Job SummaryAssisting the finance management in various tasks including but not limited to transactional and operations duties.Roles & Responsibilities

  • Addition/Deletion and Maintain Fixed assets
  • Advising on Accruals for certain expense heads
  • Agreeing on firm dates with salesman on recovery and follow up on the same after review for collection
  • Check and approve employees expenses
  • Credit notes posting
  • Customer visit and relationship building with Customer Finance department
  • Dealing problematic customer receivable cases
  • Department wise cost center OH reporting
  • Employee Receivables
  • Follow up the collections of overdue invoices.
  • Forecast Bank remittances and Cash Flow
  • GL and cost center wise review and reconciliation
  • HHT RV Processing & manual RV posting and allocation
  • Import expenses hit through various sources to AP, run SLA, verify the transaction and post to GL
  • Initiate, review and accept intercompany transactions
  • Intercompany Credit management and payment
  • Invoice booking
  • Legal case handling for customers
  • Maintaining relationship with government departments and Police
  • Maintaining TMI/CMI data & Charge to BU
  • Manual RV’s for Key Account customers to be entered on a daily basis
  • Month end closing entries and processes for AP/GL/FA
  • Month-end Accruals and ad-hoc reporting
  • Monthly MIS and related Annexure and Schedule
  • AR clean up during the review in ERP
  • Other legal work – Municipality permissions etc.
  • Passing Journal Vouchers at month-end
  • Preparation of BS Schedules
  • Receipt Allocation & Reconciliation
  • Receivable Review
  • Respond to Ad-hoc data requirements/clarifications
  • Responsible for payments tracking and AR hygiene for the customers
  • Responsible for payments tracking and AR hygiene for the customers
  • Sales Review

KPIs

  • Accrual Accuracy
  • Accuracy of Ad-hoc reporting
  • Ad-hoc Reporting accuracy
  • AR Hygiene
  • Cash Flow Estimation Accuracy
  • Closure of legal cases within agreed timeline
  • Cost Savings Initiatives – Positive Impact on bottom-line
  • Cost-center accounting accuracy
  • Customer reconciliation efficiency
  • Cut-off Accuracy – Month-end and year-end
  • Overdue % • Process Efficiency
  • Recoveries from legal cases
  • Sales Value
  • Strength of Internal Controls
  • Timely case filing and tracking
  • Timely charging to inter-company for TMI
  • Timely closure of month books of accounts
  • Timely Financial Reporting to Management
  • Value of Vendor over-dues not paid off within due dates
  • Vendor Reconciliations – % Vendor Coverage
  • Volume/Accuracy of invoices processed
  • Support to sales team for collections
  • Testing and validating IT related issues and developments
  • TMI charging to Intercompany
  • Unblocking of Sales Order basis
  • Vendor Balance reconciliations
  • Vendor Credit management and payment
  • Working Capital reports

Work experience requirement5 years + in FMCG financial functionQualification

  • ICWA, B. Com, MBA/MCOM
  • ACCA, CPA

CompetenciesAccounting Standards and PracticesFinancial ComplianceBudgetingFinancial planning and AnalysisDocumentation and ReportingCommunicating effectivelySelf and Team ManagementPlanning & Decision MakingCustomer CentricityOwnership & Result OrientationBusiness Unit: S&D(Oman) (1237)Business Group: S&D(GCC) (4217)This job has been sourced from an external job board.
More jobs on https://www.qureos.com/

Expected salary:

Location: Oman

Job date: Mon, 04 Nov 2024 03:13:05 GMT

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